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The Limited Shuts Down 250 Retail Stores In U.S.03:44

This article is more than 3 years old.

Over the weekend, The Limited closed all of its 250 stores, eliminating around 4,000 jobs. The retailer said its website will continue to sell clothing.

Here & Now's Jeremy Hobson speaks with CBS News' Jill Schlesinger (@jillonmoney), host of "Jill on Money" and the podcast "Better Off," about the demise of The Limited, and big struggles at other stores like Sears and Macy's.

This segment aired on January 9, 2017.


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